Form 4: Rayonier Inc. Executive Shelby L. Pyatt Reports Changes in Beneficial Ownership

Shelby L. Pyatt, SVP of Human Resources and IT at Rayonier Inc., reports a transaction involving common shares on April 3, 2024, due to tax withholding obligations from vesting restricted stock.

Summary

• On April 3, 2024, Shelby L. Pyatt, SVP of Human Resources and IT at Rayonier Inc., reported a change in beneficial ownership of Rayonier Inc. common shares.
• The transaction involved the withholding of 465 common shares at a price of $32.1 to cover tax withholding obligations due to the vesting of restricted stock.
• Following the transaction, Pyatt directly owns 48,007.437 common shares and indirectly owns 3,720.4206 shares in trust.

Sentiment

Score: 5

Explanation: This is a neutral report on a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure related to changes in beneficial ownership by company insiders. These filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine tax withholding related to vesting restricted stock.

Key Dates